Gentex Historical Income Statement

GNTX Stock  USD 36.12  0.19  0.52%   
Historical analysis of Gentex income statement accounts such as Gross Profit of 800.8 M or Other Operating Expenses of 1.9 B can show how well Gentex performed in making a profits. Evaluating Gentex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gentex's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Gentex latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gentex is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.

About Gentex Income Statement Analysis

Gentex Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gentex shareholders. The income statement also shows Gentex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Gentex Income Statement Chart

Gentex Income Statement is one of the three primary financial statements used for reporting Gentex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Gentex revenue and expense. Gentex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Gentex's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 449.8 M in 2024, despite the fact that Interest Expense is likely to grow to (105.2 M).

Total Revenue

Total revenue comprises all receipts Gentex generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Gentex minus its cost of goods sold. It is profit before Gentex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gentex. It is also known as Gentex overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Gentex operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gentex is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Gentex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gentex current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.At this time, Gentex's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 449.8 M in 2024, despite the fact that Interest Expense is likely to grow to (105.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit619.7M609.8M762.6M800.8M
Total Revenue1.7B1.9B2.3B2.4B

Gentex income statement Correlations

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0.790.810.90.740.990.990.760.620.96-0.140.880.630.640.560.82-0.42-0.36-0.170.31-0.260.34
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0.320.240.390.130.640.630.60.150.020.54-0.350.310.06-0.10.25-0.030.230.51-0.350.2-0.17
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0.20.520.410.560.370.340.330.560.560.3-0.210.38-0.170.580.570.33-0.49-0.8-0.320.37-0.66
Click cells to compare fundamentals

Gentex Account Relationship Matchups

Gentex income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization104.7M104.7M99.1M96.6M93.3M98.0M
Interest Expense116.6M600K105.7M(96.3M)(110.7M)(105.2M)
Total Revenue1.9B1.7B1.7B1.9B2.3B2.4B
Gross Profit688.3M605.4M619.7M609.8M762.6M800.8M
Other Operating Expenses1.4B1.3B1.3B1.5B1.8B1.9B
Operating Income383.8M294.8M310.7M273.4M495.7M520.5M
Ebit383.8M294.8M310.7M273.4M482.2M506.3M
Ebitda488.5M399.6M409.8M370.0M575.6M604.3M
Cost Of Revenue1.2B1.1B1.1B1.3B1.5B1.6B
Total Operating Expenses199.8M205.9M209.9M239.8M266.9M280.2M
Income Before Tax500.4M411.8M416.4M369.7M505.0M530.2M
Total Other Income Expense Net116.6M117.0M105.7M96.3M9.3M16.0M
Net Income424.7M347.6M360.8M318.8M428.4M449.8M
Income Tax Expense75.7M64.2M55.6M51.0M76.6M52.0M
Research Development114.7M115.9M117.8M133.3M154.4M162.1M
Selling General Administrative85.1M90.0M92.2M106.5M112.5M118.2M
Net Income Applicable To Common Shares424.7M347.6M360.8M318.8M366.6M232.1M
Net Income From Continuing Ops424.7M347.6M360.8M318.8M428.4M343.6M
Non Operating Income Net Other11.9M12.3M6.6M(283.1K)(254.7K)(242.0K)
Tax Provision75.7M64.2M55.6M51.0M76.6M74.7M
Reconciled Depreciation104.7M104.7M99.1M96.6M93.3M80.0M

Gentex Investors Sentiment

The influence of Gentex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gentex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Gentex's public news can be used to forecast risks associated with an investment in Gentex. The trend in average sentiment can be used to explain how an investor holding Gentex can time the market purely based on public headlines and social activities around Gentex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gentex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gentex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gentex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gentex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gentex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gentex's short interest history, or implied volatility extrapolated from Gentex options trading.

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When determining whether Gentex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gentex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gentex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gentex Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
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Is Gentex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.352
Dividend Share
0.48
Earnings Share
1.84
Revenue Per Share
10.022
Quarterly Revenue Growth
0.193
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.